Does salary affect the choice of residency in non-university teaching hospitals? A panel analysis of Japan Residency Matching Programme data

Table 2 Multivariate analysis of the ratio of the number of applicants to programme quota by hospital characteristics

Model	Ordinary least squares in 2009	Fixed effect	Random effect
	Elasticity	Elasticity	Elasticity
Salary (million yen per 2 years)	0.0810	0.4995^*	0.1480
Number of teaching physicians (persons per 100 beds)	0.6211^**	0.3678^**	0.6908^**
Closed programme within a single institution (closed programme = 1)	0.0686^**	−0.0096	0.0302^*
Number of hospital beds (100 beds)	0.5154^**
Average number of emergency patients (persons per day per 10 beds)	0.0451	0.0309	0.0660^*
Average number of inpatients (persons per day)		0.9316^**	0.7145^**

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